Yes, if you are confident in your numbers....particularly the repair/reno numbers. $20k is not much and will be eaten up real quick.

You're on the right path—stay cautious and confident!

I don't have a lot of confidence that those numbers are true (10 DOSC for him, a few dozen for his students), considering the source. 

@Devon Shives,Your situation has a lot of potential, but here’s a thought: A cash-out refi could work if you’re confident you can use the $30-35k effectively for your next property, but the higher rate and payment might indeed limit your borrowing power for another mortgage.Consider these alternatives:1.

Keep researching, asking questions, and connecting with experienced investors here—you’re in the right place to build your knowledge and confidence.

My front is similar with packages delivered most days and being very confident if delivered to the front door that they are very secure.  

If you can confidently do a better job, it becomes an easy convo. 

Having cash reserves gave me the confidence to move quickly on a great deal without losing sleep over unexpected expenses.

I used tools like BiggerPockets to analyze deals weekly, and building a reliable team and networking with experienced investors helped me gain confidence.

I also feel they have grown too quick for my liking, but I am confident Brandon and the team are great sponsors, are ethical, and are looking out for their LPs.